Forum Archive Index - August 2000

[Brian Gale <brigale@i4free.co.nz>]

I'd suggest that the key here is to have a bank account linked to your 
broker.  Access have BNZ & UDC links.  I have used UDC for a long time and 
it works very well. The broker debits your account directly so you don't 
need to worry about sending cheques. I' haven't tried it but presumably if 
you buy/sell the same day there is no problem they just post the 
transactions to your account.
  BG

At 11:15 05-08-00 +1200, you wrote:
>Do I understand it correctly that if I am selling on the day 3, then (if
>I make a profit of course), the broker is happy to give me the
>difference minus brokerage?
>
>Very interesting.
>
>AS
>
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